A growing supply of rental homes is giving Houston renters more choice this summer, while steady demand is keeping prices stable.
According to the Houston Association of REALTORS® June 2026 Rental Market Update, leasing activity picked up across the region even as more homes came onto the market.
Single-family leased listings totaled 5,006 in June, a 9.2% increase from the 4,585 leases recorded last year. At the same time, new listings edged up 1.1% to 7,201 homes.
The average lease price for a single-family home was $2,388, essentially unchanged from June 2025. Homes took slightly longer to lease, with Days on Market rising from 35 to 40 days.
“We’re seeing a healthy balance take shape,” said HAR Chair Theresa Hill with Compass RE Texas, LLC – Houston. “More rental properties are coming onto the market, but demand is keeping pace, which is why pricing has stayed relatively flat. We expect that dynamic to continue through the summer as renters take advantage of the increased selection.”
The townhome and condominium rental segment followed a similar pattern, with stronger leasing activity.
Leased listings rose 16.8% year over year to 791 properties, while new listings increased 2.6% to 1,161 units. The average lease price climbed slightly to $2,045, up 1.4% from last year.
Homes in this segment also spent more time on the market, with Days on Market increasing from 42 to 52.
